Organizational Change Management
Managers are often times faced with the challenging task of having to compare different project alternatives so as to choose those that best utilize organizational resources. Trend analysis is a common comparison technique that compares alternatives in terms of either costs or revenues over multiple time periods.
In this text, we compare two project proposals (J.P Technologies Inc. And IT USA Inc.) to determine the option that realizes higher cost savings over a three-year implementation period. The costs and common sizing information of the three items included in the package -- hardware and software maintenance, regular and ongoing maintenance, and training and education -- for each alternative, have been presented in the attached spreadsheet.
Trend analysis reveals that the cost of the J.P Technologies alternative would decrease by a cumulative total of 54% of start-up cost over the implementation period (47% over year 2 and 7% over year 3); whereas that of IT USA would decrease by a cumulative total of 45% (39% over year 2 and 6% over year 3). Towards this end, cost savings realized...
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